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Maintaining Hold on Starbucks: Challenges Ahead Amid Modest Growth Plans and Investor Skepticism
Quick Service Restaurants Face Disgruntled Consumers and Nervous Investors
Starbucks Corporation (NASDAQ:SBUX) Institutional Owners May Be Pleased With Recent Gains After 21% Loss Over the Past Year
Daily short sale tracking: Equitrans Midstream's short volume increased by 35 million, with a short sale ratio of 19%
Equitrans Midstream(ETRN.US) ranked top of the list had the largest change in short volume (35.63 million shares), and the short volume ratio of Royal Bank of Canada(RY.US) reached 73.49%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Starbucks Stock Jumps on Report Activist Investor Elliott Has Built Up a Stake
Starbucks shares jumped 6.9% after The Wall Street Journal reported that activist investor Elliott Investment Management has accumulated a sizable stake in the coffee chain.
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stonk scouter : I'm taking a flight rn it's not a big deall![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)